Tax pros await IRS guidance on state rebate taxability
Portra | DigitalVision | Getty ImagesTax season is underway however thousands and thousands of filers who obtained state tax rebates ...
Tag: Dan Herron
Parents face a surprise ‘kiddie tax’ bill if children are trading stocks
If your teen or grownup little one in faculty has been dabbling in stocks or cryptocurrency, their beneficial properties might ...
Stimulus payments triggered millions of IRS ‘math error’ notices
There has been a latest flood of "math error" notices from the IRS, which have been complicated for taxpayers and ...
Biden’s earned income tax credit boost may cause a ‘marriage penalty’
Vstock LLC | Getty ImagesFederal stimulus and enhanced tax credit have offered advantages to tens of millions of Americans. However, ...
New teen investing accounts may deliver a surprise tax bill
Hero Images | Hero Images | Getty ImagesHow the 'kiddie tax' worksThe purpose of the kiddie tax is to discourage ...